According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 217.76% higher in 2024 versus 1986 (a $43,551,058.24 difference in value).
Between 1986 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.09% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $20,000,000 in the year 1986 would cost $63,551,058.24 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation for miami-fort lauderdale, florida was higher.
In the year 1986: Pricing changed by 1.46%, which is below the average yearly change for miami-fort lauderdale, florida during the 1986-2024 time period. Compared to inflation for all items in 1986 (1.90%), inflation for miami-fort lauderdale, florida was lower.
Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $20,000,000 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1986 | $20,000,000.00 | 1.46% |
| 1987 | $20,701,374.94 | 3.51% |
| 1988 | $21,619,032.91 | 4.43% |
| 1989 | $22,499,613.78 | 4.07% |
| 1990 | $23,670,631.86 | 5.20% |
| 1991 | $24,504,866.37 | 3.52% |
| 1992 | $24,909,624.59 | 1.65% |
| 1993 | $25,768,577.17 | 3.45% |
| 1994 | $26,578,093.62 | 3.14% |
| 1995 | $27,560,636.49 | 3.70% |
| 1996 | $28,438,127.61 | 3.18% |
| 1997 | $29,361,965.09 | 3.25% |
| 1998 | $29,745,095.01 | 1.30% |
| 1999 | $30,086,513.21 | 1.15% |
| 2000 | $31,081,415.11 | 3.31% |
| 2001 | $32,046,964.31 | 3.11% |
| 2002 | $32,507,338.17 | 1.44% |
| 2003 | $33,448,169.32 | 2.89% |
| 2004 | $34,345,743.86 | 2.68% |
| 2005 | $35,958,597.25 | 4.70% |
| 2006 | $37,744,477.06 | 4.97% |
| 2007 | $39,281,894.02 | 4.07% |
| 2008 | $41,170,353.78 | 4.81% |
| 2009 | $41,006,318.55 | -0.40% |
| 2010 | $41,337,216.13 | 0.81% |
| 2011 | $42,743,441.99 | 3.40% |
| 2012 | $43,579,190.48 | 1.96% |
| 2013 | $44,121,087.59 | 1.24% |
| 2014 | $45,050,811.06 | 2.11% |
| 2015 | $45,496,570.37 | 0.99% |
| 2016 | $46,285,246.41 | 1.73% |
| 2017 | $47,521,072.15 | 2.67% |
| 2018 | $49,126,695.50 | 3.38% |
| 2019 | $49,987,378.34 | 1.75% |
| 2020 | $50,448,107.52 | 0.92% |
| 2021 | $52,520,624.13 | 4.11% |
| 2022 | $57,499,675.58 | 9.48% |
| 2023 | $62,097,589.99 | 8.00% |
| 2024 | $63,551,058.24 | 2.34%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Miami-Fort Lauderdale, Florida:
| Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 62.000 | 64.583 | 70.850 | 80.800 | 90.000 | 96.567 | 99.683 | 103.417 | 106.333 | 107.883 | 111.667 | 116.617 | 121.367 | 127.683 | 132.183 | 134.367 | 139.000 | 143.367 | 148.667 | 153.400 | 158.383 | 160.450 | 162.292 | 167.658 | 172.867 | 175.350 | 180.425 | 185.267 | 193.967 | 203.600 | 211.893 | 222.080 | 221.195 | 222.980 | 230.565 | 235.073 | 237.996 | 243.012 | 245.416 | 249.670 | 256.337 | 264.998 | 269.640 | 272.125 | 283.305 | 310.163 | 334.965 | 342.805 |